Huawei Building Secret Network for Chips: Trade Group

The video discusses Huawei's strategy to build chip manufacturing plants in China, potentially circumventing U.S. sanctions. The Semiconductor Industry Association reports Huawei's acquisition and support of multiple plants, which could help secure chip capacity lost after U.S. blacklisting. The U.S. Department of Commerce is monitoring the situation and may take action, with an upcoming visit to China by Secretary Generi Mongo adding further interest.

What does the Semiconductor Industry Association's statement indicate about the chip industry?

What potential implications could arise from the Secretary of Commerce's visit to China?